GITNUX MARKETDATA REPORT 2024
Statistics About The Average Rent In Toronto
The average rent in Toronto is currently around $2,300 per month.
In this post, we will explore the latest statistics on average rent prices in Toronto as of August 2021. From the average rent for different property types and bedroom sizes to insights on specific neighborhoods and housing options, we will provide a comprehensive overview of the current rental market in the city.
Statistic 1
"As of August 2021, the average rent for a one-bedroom apartment in Toronto is $1,810."
Statistic 2
"Two-bedroom apartments in Toronto average $2,385 per month as of August 2021."
Statistic 3
"The average rent in Downtown Toronto is $2,132 as of August 2021."
Statistic 4
"In 2020, the average rent for all property types in Toronto was $2,103."
Statistic 5
"Toronto’s rent prices fell by 20% in 2020 amidst the pandemic."
Statistic 6
"As of August 2021, Scarborough area has the lowest average rent in Toronto at $1,758."
Statistic 7
"In 2020, Beaches/East York was the most expensive neighbourhood in Toronto with an average rent of $2,582."
Statistic 8
"The average rent for a 3-bedroom apartment in Toronto is $2,681 as of late 2021."
Statistic 9
"Toronto rent for a furnished apartment is on average $300 higher than an unfurnished one."
Statistic 10
"The average rent in city's West End is $1,935 as of August 2021."
Statistic 11
"43% of Toronto households spend more than 30% of their income on rent."
Statistic 12
"The average rent for a single-family home in Toronto is $2,728 as of 2021."
Statistic 13
"The average rent in North York was $1,872 as of August 2021."
Statistic 14
"The average rent for senior housing in Toronto is roughly $3,204 per month."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
